5814 Phillips Street A, Houston, TX 77091
For Sale
Contact for pricing
Built in 2025, the property includes electric interior features.
Property Size864 SF
Price / SF$1.45
Days on Market22
Property Features for 5814 Phillips Street A
General Information
Standard status
Size
Property subtype
Lease Term
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Amenities
Electric
Building Details
Building Size
Year Built
Stories
Listing Agency:
HomeSmart
Listed By:
Maryam Mosahab
(832) 805-5951
Source:
Evrealestate
Added: Oct 20
Changed: Nov 10
Last Checked: Nov 10 at 8:18AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeSmart
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex was built in 2025 and has electric interior features. It is located on Phillips Street in Houston, Texas.
Key Highlights
- Built in 2025
- Electric interior features
- Located on Phillips Street in Houston, Texas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,788
Suggested Prices Based on Cap Rates
Cap Rate 5%
$195,760
$195.8K
Cap Rate 7%
$139,829
$139.8K
Cap Rate 9%
$108,756
$108.8K
Market Conditions
NOI Build-Up for 864 SF
Gross rent
$19.0K $21.96/SF
− Vacancy
−$1.2K −$1.36/SF
EGI
$17.8K $20.60/SF
− OpEx
−$8.0K −$9.27/SF
NOI
$9.8K $11.33/SF
Area
Houston, TX
Vacancy
6.20%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$195,760
Cap Rate 7%
$139,829
Cap Rate 9%
$108,756
Alternative Uses
Best Use
Multifamily LT 5
$161.7K
$141.5K – $188.6K
NOI $11,316 @ 7.0% cap
Second Best
Apartment 5plus
$139.8K
$122.4K – $163.1K
NOI $9,788 @ 7.0% cap
Theoretical Best
Office A
$222.2K
$194.4K – $259.2K
NOI $15,552 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
215
Businesses Nearby
Explore this area
Business Placement
Demographics for 77091, TX
28,020
Population
12,501
Households
2.2
Avg Household Size
34
Median Age
19%
College-Educated
73%
High-School Grad
7.1 sq mi
ZIP Area
3,946
Density / Sq Mi
$35,737
Median Household Income
$28,906
Median Earnings
$1,061
Median Rent
$223,700
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Houston, TX
Properties on Market for Duplexes in Houston
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Built in 2025, the property includes electric interior features.
Where is this duplex located?
The property is located at 5814 Phillips Street A Houston, TX.
What are key features of this property?
This property features: Built in 2025; Electric interior features; Located on Phillips Street in Houston, Texas
